What is the cost of living in New River, AZ?
According to the most recent data on the cost of living, New River has an overall cost of living index of 135, which is 1.4x higher than the national index of 100.
Compared to Arizona, New River has a cost of living index that's 1.4x higher than Arizona's index of 100.
The standard of living in New River ranks as #84 most affordable out of the 91 places we measured in Arizona. By definition, that implies New River ranks as the #7 most expensive place in the Grand Canyon State.
For more reading on life in New River, check out:
New River Cost Of Living Vs. Arizona
Six factors go into calculating the cost of living index in New River. Here is how it fares on each of the criteria:
The Services index in New River is 101.
The Groceries index in New River is 101.
The Health index in New River is 206.
The Housing index in New River is 103.
The Transportation index in New River is 110.
The Utilities index in New River is 103.
| Living Expense | New River | Arizona | National Average |
|---|---|---|---|
| Overall | 135 | 100 | 100 |
| Services | 101 | 99 | 100 |
| Groceries | 101 | 99 | 100 |
| Health | 206 | 97 | 100 |
| Housing | 103 | 104 | 100 |
| Transportation | 110 | 113 | 100 |
| Utilities | 103 | 104 | 100 |
New River Cost Of Living Compared To Arizona Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Arizona, check out:
Protect your home budget Compare home warranties in New River Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
New River, AZ Housing Cost Breakdown
Housing swings affordability the most between places in Arizona, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in New River is $763,731.
The Median Rent in New River is $1,948.
The Median Income in New River is $134,289.
The Home Value To Income in New River is 5.7x.
The Rent To Monthly Income in New River is 0.17x.
New River, AZ Costs By Category
Detailed New River Services costs vs. Arizona
Detailed New River Groceries costs vs. Arizona
Detailed New River Health costs vs. Arizona
Detailed New River Transportation costs vs. Arizona
New River SnackAbility
Cost Of Living In Cities Around New River
The cost of living varies in the cities and towns around New River. Here's a quick look at the cost of living in the most populous nearby places:
Phoenix, AZ has a cost of living index of 111, 0.8x New River.
Gilbert, AZ has a cost of living index of 129, 1.0x New River.
Chandler, AZ has a cost of living index of 125, 0.9x New River.
| City | Population | Cost Of Living | Vs. New River |
|---|---|---|---|
| Phoenix, AZ | 1,642,323 | 111 | 0.8x |
| Gilbert, AZ | 280,262 | 129 | 1.0x |
| Chandler, AZ | 280,136 | 125 | 0.9x |
| Scottsdale, AZ | 243,821 | 144 | 1.1x |
| Peoria, AZ | 196,906 | 116 | 0.9x |
| Tempe, AZ | 188,065 | 117 | 0.9x |
| Santa Cruz, CA | 61,607 | 206 | 1.5x |
| Fountain Hills, AZ | 23,789 | 134 | 1.0x |
| Anthem, AZ | 22,584 | 132 | 1.0x |
| Sun Lakes, AZ | 13,924 | 123 | 0.9x |
